Book value on the date of disposal
Cost of the equipment - accumulated depreciation
45000-20000=25000
Gain on disposal of the equipment
Proceeds from sales - book value on the date of disposal
30000-25000=5000
The amount of gain on disposal (5000) is reported under “Other revenues and
gains” section of the income statement which increase the profit which transferred into shareholders equity. Also, the account of the equipment will be zero
So the answer is d
Hope it helps!
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Full Question:</u></h3>
Which of the following actions will help to ensure that formal business documents are trustworthy?
A: Using a wide variety of charts and tables
B: Putting the decision-related information first
C: Getting information from reliable sources
D: Requiring a password to open the document
Getting information from reliable sources will help to ensure that formal business documents are trust worthy.
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Explanation:</u></h3>
Business documents refers to the record, books, files, plants, correspondence, reports, documentation,etc and details associated with the financing activities of the business. They can be in the form of paper works, electronic format, etc. It is very essential for any business to contain these information that can be handed over to the stakeholders, public,etc when any issues occurs financially or legally.
There are many things that are to be followed while preparing these documents. The information that are included in this document must be collected from reliable sources. This is because it should not be proven to be false during any legal or financial issues.
Answer:
This can be a positive challenge for Peter's career, as by taking on Thomas he will handle different tasks and job challenges, and by taking on the new responsibilities effectively, he will be able to be more recognized in the organization he works with and gain more trust from your superiors and Thomas, which is a positive point in the work environment that can lead to future promotions.
Answer:
The answer is: Postconventional moral development
Explanation:
At this stage of moral development, an individual´s morality is defined by more abstract principles and values. He or she may believe that some laws and rules are unfair and should be changed or eliminated. Individual realize that they are separate entities from societies and they may choose to not follow the rules of the organization.
